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Author Question: The costs of labor and land used to produce a product is A) administrative costs. B) costs of ... (Read 187 times)

Chloeellawright

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on: Jun 30, 2018
The costs of labor and land used to produce a product is
 A) administrative costs.
  B) costs of goods sold.
  C) net profit plus the cost of capital.
  D) none of these choices.

Question 2

Economic profit equals
 A) net operating profit after taxes plus the cost of capital.
  B) net operating profit after taxes divided by the cost of capital.
  C) net operating profit after taxes multiplied by the cost of capital.
  D) net operating profit after taxes minus the cost of capital.


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shayla

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Chloeellawright

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

epscape

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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